ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Towards Deciphering the Current Phase of Capitalism

The Hollow Colossus by Charles Andrews, Oakland: Needle Press, 2015; pp 210, Rs 742.

Raj Sahai ( has been an activist against the US wars in Vietnam, Cambodia, Laos, Yugoslavia, Iraq, Afghanistan, Libya, and Syria. He is a member of the Niebyl Proctor Marxist Library and Institute for Critical Study of Society in Oakland, California.

The disruptions of capitalist accumulation hollow out a colossus that grew for 400 years. It also hardens the terms of class struggle. Working people no longer expand the dimensions of mass prosperity; they fight to slow its disappearance…… Working people enjoyed relative prosperity in the decades after World War Two (in the US), despite significant exceptions. Good times have turned into insecurity and degraded employment today. ... The principles of a new order call out: this we must do, we can do it, and it will be glorious.

—Charles Andrews in The Hollow Colossus

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